2min chapter

Idea to Startup cover image

How to lose 1.8 billion dollars in 10 days

Idea to Startup

CHAPTER

Introduction

Quibi launched on April 6, 2020 with $1.8 billion in the bank and they've been out of business so long that you forgot about them. Most people were pretty bullish on Quibi, but it was the ultimate whisper idea from day 1. I'm always going to be the guy trying to figure out how to make something work. But I think it's important to call out stupidity and hubris and awful fundamentals.

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